344 E 14TH AVE, Eugene, OR 97401

Property Description

PRIME WEST CAMPUS INVESTMENT OPPORTUNITY just 4 blocks from the University of Oregon! This freshly painted property features a 5-bedroom, 2-bath Craftsman-style home PLUS a detached 1-bedroom, 1-bath apartment above a 2-car garage. Current gross rents total $5,425/month, with the main house leased at $4,000/month through mid-August 2027 and the apartment at $1,425/month on a month-to-month lease.The main house offers bonus rooms, a covered deck, large closets, and a 1,008 sq ft unfinished basement. The detached building includes a 600 sq ft apartment above a 600 sq ft garage currently used for owner storage.Excellent redevelopment and value-add potential, including possible garage conversion, additional living space, middle-housing opportunities, and/or future lot separation, subject to buyer verification and city approval. Strong in-place income, premier UO location, and significant long-term upside make this a compelling campus investment.